Technical – Conviction Delivery Idea: Buy J B Chemicals and Pharmaceuticals Ltd for TARGET Rs.2147 by Motila Oswal Wealth Mangement
J B Chemicals and Pharmaceuticals Ltd

Buy J B Chemicals and Pharmaceuticals Ltd CMP 2047 SL 1967 TARGET 2147 DURATION 1 Week
(Mcap Rs. 32,865 Cr.)
* Consolidation breakout on daily chart.
* Strong bodied bullish candle.
* Respecting 50 DEMA.
* Surge in traded volumes.
* RSI momentum indicator showing strength.
* We recommend to buy the stock at CMP Rs.2047 with a SL of Rs. 1967 and a TGT of Rs. 2147.
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